Norwegian narrows 1Q losses

Norwegian Air Shuttle reported a first-quarter net loss of NOK538 million ($68 million), narrowed from a net loss of NOK595 million in the year-ago quarter.
The airline said the quarterly results were affected by the 11-day pilot strike in Scandinavia in March—which led to cancellation of some 2,000 flights—and the weakness of Norwegian’s currency. However, the budget carrier said passenger growth outside Scandinavia is strong and future bookings are looking healthy, ...

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